山东威达(002026) - 2021 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2021 was ¥590,960,524.61, representing an increase of 83.37% compared to ¥322,269,185.04 in the same period last year [8] - The net profit attributable to shareholders for Q1 2021 was ¥93,850,124.93, a significant increase of 207.91% from ¥30,479,312.82 in the previous year [8] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥85,726,571.81, up 249.17% from ¥24,551,760.95 year-on-year [8] - Basic earnings per share for Q1 2021 were ¥0.22, reflecting a growth of 214.29% from ¥0.07 in the same period last year [8] - Operating profit for the quarter was CNY 111,152,927.69, compared to CNY 38,310,746.13 in the same period last year, reflecting a growth of 189.5% [50] - The company reported a total comprehensive income of CNY 94,058,837.26, compared to CNY 30,361,830.42 in the same period last year, an increase of 209.5% [51] - The total operating costs for the quarter were CNY 489,321,314.74, up from CNY 292,585,235.07, reflecting a rise of 67.1% [50] Cash Flow - The net cash flow from operating activities for the quarter was ¥101,692,929.27, an increase of 25.58% compared to ¥80,980,697.94 in the same period last year [8] - Cash inflows from operating activities amounted to CNY 697,467,762.27, up from CNY 512,585,193.64, indicating a growth of about 36.1% [57] - The net cash flow from investing activities was -CNY 8,219,370.60, down from CNY 21,773,996.60 in the previous period [57] - The cash and cash equivalents at the end of the period reached CNY 993,410,858.78, an increase from CNY 615,652,259.10, representing a growth of approximately 61.2% [58] - The net cash flow from financing activities was CNY 2,588,706.72, with no cash outflows reported for debt repayment or dividend distribution [58] Assets and Liabilities - Total assets at the end of the reporting period were ¥3,375,795,673.62, a 4.66% increase from ¥3,225,542,183.81 at the end of the previous year [8] - Total liabilities increased to CNY 702,175,666.60 from CNY 648,042,408.36, reflecting a rise of 8.4% [42] - Current assets increased to CNY 2,434,559,663.39 as of March 31, 2021, up from CNY 2,320,785,567.75 at the end of 2020, representing a growth of 4.9% [40] - Total current liabilities amounted to CNY 604,515,470.23, with accounts payable at CNY 348,242,463.59 [64] - Non-current assets totaled CNY 941,236,010.23, up from CNY 904,756,616.06, representing a growth of 4.0% [41] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 22,292, indicating a broad shareholder base [12] - The second phase of the stock option incentive plan involves granting 27 million stock options, representing 6.38% of the company's total issued share capital [23] - The stock options were granted on January 22, 2021, with a total of 26.88 million options allocated to 350 recipients [25] Investments and Expansion - The company plans to establish a wholly-owned subsidiary in Vietnam with a registered capital of USD 10 million to expand international operations [19] - The company plans to establish a subsidiary in Mexico with a registered capital of 339 million Mexican pesos (approximately USD 17.08 million) to further implement its global strategy [20] - The company has signed a strategic cooperation framework agreement with Zhejiang Jianeng Electric Vehicle Technology Co., Ltd. to collaborate in the field of automated battery swapping for electric vehicles [21] Research and Development - Research and development expenses increased by 52.01% to CNY 28,546,226.49, reflecting higher investment in R&D [16] - Research and development expenses increased to CNY 28,546,226.49, up from CNY 18,779,347.40, indicating a focus on innovation and product development [50] Other Financial Information - The company reported non-recurring gains of ¥8,123,553.12 for the quarter, primarily from government subsidies and fair value changes of financial assets [9] - The company reported no overdue commitments from major shareholders or related parties during the reporting period [27] - There were no securities investments reported during the period [28] - The company engaged in derivative investments, with a total initial investment amount of 57.42 million yuan, and a net investment amount of 21.59 million yuan at the end of the period [30] - The fair value change of derivatives during the reporting period resulted in a loss of 3.35 million yuan [31] - The company has established internal control management systems for foreign exchange hedging to mitigate risks [30]